Bilha

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Bilha

Member since

July 2013

On-time repayments

81 installments  •  77%

About Me

Am Bilha Mutola . I come from Nakuru , live in an estate called Race course. It is near Carol Academy school , Nakuru.I come from a family of eight , and am the first born.I am a trained teacher though , currently teaching part time.Am a graduate of Kenyatta University.
I love being my own boss, hence the need to start a business.Am enjoying what am doing.
From the proceeds of the business , i was able to buy a plot and household goods. Am also paying my brothers school fees in high school.
Business in Nakuru town is good ,since the population has really picked up. So , with this loan i will be able to expand my business.

My Business

The business is doing okay, hence i will use the profits to repay the loan. Am running a small hotel in town. The demand is huge as i serve fast foods. The business of food has been and will always be good.I also serve traditional foods , people love this type of food , so the demand is huge.
I have many customers , so i need to expand and add more variety of menu so that i can attract more customers.
The profits are huge and i have used some of the profits to restock .
The only risk i have seen is that , when customers come and there is no service they tend to go to the other competitors and to me this is not good for business.My monthly revenue after i have paid my bills is Ksh. 35,000. I intend to use the profits to repay my loan.

Loan Proposal

The loan will help me purchase some utensils and a better cooker for my small hotel.Further i will use bit of it to buy fodstuffs so that i have more food varieties(menu) for my customers.

The business is doing okay, . Am running a small hotel in Nakuru town. The demand is huge as i serve fast foods. The business of food has been and will always be good.I also serve traditional foods , people love this type of food , so the demand is ever there.
I have many customers , so i need to expand and add more variety of menu so that i can attract more customers.

My monthly revenue after i have paid my bills is Ksh. 35,000. I intend to use the profits to repay my loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 15, 2013

Repayment status

On Time

Projected term

10 months

Lenders

C

Claus

Ames, IA, United States

M

minynlca

San Diego, United States

Rdcmole

Cincinnati, United States

S

share

Whitby, Canada

D

djhenk

Amsterdam, Netherlands

Limeleaf

Toronto, Canada

W

Walker

San Antonio, Tx, United States

KM

British Columbia, Canada, Canada

Cricketca

San Jose, United States

S

Serene

Philadelphia, United States

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